What funding is available to charities during the Covid-19 pandemic

20 Mar 2020 Voices

In a time of increased pressure on the charitable sector, Civil Society News has collated some of the funding being made available for charities during the Covid-19 pandemic.

New funds

£2m London fund 

London's City Hall and City Bridge Trust have each contributed £1m to a fund for London charities affected by coronavirus. 

The emergency scheme will be coordinated by London Funders and available to organisations facing immediate financial pressures and uncertainty because of the coronavirus. These include increasing demands for services, higher staff absences, fewer volunteers and lower donations.

Full details of the new emergency support fund and how to apply will be published next week at www.londonfunders.org.uk.  

Community Foundation Tyne & Wear and Northumberland

Community Foundation Tyne & Wear and Northumberland have launched the Coronavirus Response and Recovery Fund.

Grants will be given to local charities and community organisations across Tyne & Wear and Northumberland in two stages: response, then recovery. 

National Lottery Community Fund

The National Lottery Community Fund has started reaching out to grantees, partners, and other vital civil society organisations to understand how it can support communities and the sector during Covid-19. The Fund aims to share what it learns over the coming period. 

The National Emergencies Trust

NET has launched a coronavirus fundraising appeal to raise funds for local charities. The British Red Cross will be managing donations. 

NET will award grants and distribute money raised through a number of charitable organisations, for example local community foundations. It released the first £2.5m to community foundations on 26 March.

Wellcome Trust

The Gates Foundation and Wellcome Trust are each contributing up to $50m, and the Mastercard Impact Fund is committing up to $25m, to speed the development of and access to therapies. The Covid-19 Therapeutic Accelerator will coordinate research efforts and remove barriers to drug development.

Scottish and Northern Irish funders

A summary of how Scottish funders have responded can be found here. A Covid-19 community fund has also been set up in Northern Ireland.

The Scottish government has released £350m to allay the impact of the virus, including £20m to a third sector resilience fund. This is to help charities with immediate cash flow problems.

£1m Money Saving Expert fund

Martin Lewis, the founder of Money Saving Expert, has pledged £1m to support small charities.

In a statement, he said: "To try and help I'm going to release £1m from my personal charity fund to provide grants of £5,000 to £20,000 to small registered charities, or local arms of bigger charities, across the UK – to help with specific UK coronavirus-related poverty relief projects."

The Indigo Trust

The Indigo Trust is making £2.5m available through emergency grants to help charities respond to the coronavirus emergency. The trust responded to an initiative from charity think tank New Philanthropy Capital (NPC), which has published guidance for philanthropists on how to best support charities through to the crisis.

Steve Morgan £1m a week

Housebuilder Redrow’s founder Steve Morgan has also pledged £1m a week to charity, joining the list of celebrities and business people offering their support.

Cadent Foundation

Charities and community groups can apply for individual grants of between £100 and £100,000 as a new foundation, funded by the UK’s biggest gas network Cadent, opens for applications.

It committed £240,000 to the Trussell Trust last week to help food banks respond to challenges presented by Covid-19. 

Standard Life Foundation 

The Standard Life Foundation has launched funding for work directly related to the coronavirus pandemic.

Grants will be made to organisations which tackle financial problems and improve living standards for those on low-to-middle incomes in the UK. It is likely that grants will be made in the range of £5,000 to £50,000, however, there is no set amount that people can apply for.

£1m John Lewis and Waitrose 

The partnership has launched a £1m community support fund. Waitrose stores will local store will have these funds to support their local area based on the needs of the community.

Big Society Capital 

Big Society Capital is planning to launch an emergency loan fund for the sector. Around £100m is expected to be available and more details will be announced the week commencing 20 March.

Advice

ACF

The Association of Charitable Foundations is hosting a webinar for its members, in an effort to update its guidance, which will be shared. It has also produced a blog explaining how funders have reacted to the pandemic.

Funding list

Ian McLintock has also put together a list of more than 50 sources of charity funding, which can be viewed here.

Foundation flexibility

Several foundations are also offering flexibility in terms of adjusting reporting requirements. The Charity Commission has also said charities may be able to ask for extensions on filing annual returns.

 

 

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